1284 ROYAL OAKS CV, Memphis, TN 38116 (MLS # 10225834)

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PRICE $130,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,587 sqft
LOT SIZE 3,050 sqft

Professionally managed investment opportunity generating immediate cash flow! This tenant-occupied property is ideal for out-of-state investors seeking a stable, low-maintenance asset in the Memphis market. The home is currently leased at $1,200 per month, with the rent increasing to $1,250 beginning January 2027, and the existing lease runs through January 21, 2028, providing reliable income and minimizing vacancy risk. With professional property management already in place, a long-term tenant, and built-in rental growth, this is an excellent opportunity to add a cash-flowing asset to your portfolio with a seamless ownership transition. Please do not disturb the residents.

DAYS ON MARKET 2 LAST UPDATED 7/10/2026
TRACT THE HILLS YEAR BUILT 1973
COMMUNITY Whitehaven/Graceland COUNTY Shelby
STATUS Active PROPERTY TYPE(S) Condo/Townhouse/Co-Op


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA Whitehaven/Graceland
CONSTRUCTION Brick Veneer
FIREPLACE Yes
HEAT Central
LOT 3049 sq ft
LOT DESCRIPTION Level
PARKING Driveway
POOL DESCRIPTION None
STORIES 2
STYLE Traditional
SUBDIVISION THE HILLS
TAXES 1527
MORTGAGE CALCULATOR
   

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Listed with CB Properties of Memphis, LLC
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